NOT LISTED FOR SALE

Estimated Value: $1,914,641 - $2,492,000

4 Beds
4.5 Baths
2,927 Sq Ft
$732/Sq Ft Est. Value

Last Sold September 06, 2019

Last sale price $1,162,500 $397 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $12,972/month

12 Days on Market

Highlights

  • Property is near a marina
  • Newly Remodeled
  • Open Floorplan
  • Southside Elementary School Rated A
  • The property is located in a historic district
  • 2-minute walk to Laurel Park

About This Home

As of September 2019

Live-work-play urban oasis in Downtown Sarasota’s historic Laurel Park. Brand new coastal contemporary residence also has city-approved rental income potential from the guest suite over the garage. Move-in ready, this home exceeds Florida energy-efficiency standards and is clad with PGT WinGuard impact resistant, Low-E windows and sliding glass doors. The size is just right at 2,936 sq. ft. featuring an open concept living area, modern kitchen and private sleeping quarters. Live and entertain with style in the spacious living area with sliding glass doors to the outdoor patio. On one end is the kitchen, featuring Thermador professional appliances. On the other end is a shiplap accent wall with linear fireplace. In between, the space can be configured to your heart’s desire with a generous dining area. The master retreat is the ultimate haven with generous walk-in closet and sumptuous master bath with free-standing garden tub and walk-in shower. The rest of the bedrooms are upstairs along with a central bonus room and covered balcony. The guest suite over the garage offers varied opportunities. It can be an in-law suite, home office, apartment or vacation rental. The space includes a main room with separate entry, full bath, two closets and is pre-plumbed/wired for kitchen and/or laundry. Laurel Park is within walking distance of two grocery stores, Bayfront Park, Marina Jacks, Freedom Boat Club, shopping, dining and a variety of yoga/fitness studios. You’ll love this modern urban oasis.

Last Agent to Sell the Property

Peter G. Laughlin

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0354182 Listed on: 07/22/2019

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Alex Stafford

MICHAEL SAUNDERS & COMPANY License #3385450

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,940

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 5,149 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Corner Lot
  • Level Lot
  • Metered Sprinkler System
  • Landscaped with Trees
  • Property is zoned RSM9

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Secured Garage or Parking
  • Open Parking

Home Design

  • Contemporary Architecture
  • Bi-Level Home
  • Stem Wall Foundation
  • Wood Frame Construction
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,927 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Gas Fireplace
  • Low Emissivity Windows
  • Insulated Windows
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Bonus Room
  • Inside Utility
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Porcelain Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Outdoor Features

  • Property is near a marina
  • Balcony
  • Rear Porch

Location

  • Property is near public transit
  • The property is located in a historic district
  • City Lot

Schools

  • Southside Elementary School
  • Booker Middle School
  • Sarasota High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Thermostat
  • Natural Gas Connected
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Visit Association Website
  • Built by Flagship Group, Inc
  • Plat Of Sarasota Community
  • Osprey Ave Sub Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,940

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco, Wood Frame
  • Fireplace: Yes
  • Living Area: 2927
  • Lot Size Acres: 0.12
  • New Construction: Yes
  • Year Built: 2018
  • Building Area Total: 3615
  • Lot Size Sq Ft: 5149
  • Directions to Property: On the corner of Osprey Avenue and Cherry Lane (1 block north of Oak Street)
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4440232?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4440232?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 941-364-4014
  • Ratio: Close Price\List Price: 0.93149
  • Price per Sq Ft: 397.16
  • Close to Original List Price Ratio: 0.93149
  • Ratio: Current Price\Building Area Total: 321.58
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: 4098

Interior Features

  • Fireplace Features: Gas
  • Living Area Units: Square Feet
  • Flooring: Carpet, Porcelain Tile, Hardwood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Crown Molding, Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Stem Wall
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Yn: No
  • Window Features: Insulated Windows, Low Emissivity Windows, Storm Window(s)
  • Street Number Modifier: 1790
  • Room Count: 12
  • Additional Rooms: Bonus Room, Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Exterior Features: Balcony, Fenced, Irrigation System, Sliding Doors, Sprinkler Metered
  • Roof: Tile
  • Pool Private: No
  • View: Garden
  • Waterfront: No
  • Patio and Porch Features: Rear Porch
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0133F
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Zoned
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: Yes
  • Security: Secured Garage/Parking, Smoke Detector(s), Fire/Smoke Detection Integration
  • Senior Community: No
  • Association Website: https://laurelparksarasota.org/
  • Association Fee Requirement: Optional
  • Association Approval Required YN: No

Schools

  • Elementary School: Southside Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: RSM9
  • Parcel Number: 2027150153
  • Additional Parcels: No
  • Lot Features: Corner Lot, Historic District, City Lot, In County, Level, Near Marina, Near Public Transit, Sidewalk
  • Property Attached Yn: No
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Flagship Group, Inc

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Minimum Lease: 1 Week
  • Pet Restrictions: See City of Sarasota Code of Ordinances, Chapter 8
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 3940
  • Tax Block: 1
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2019
Closed on
Sep 10, 2019
Sold by
Hamilton And Sons Llc
Bought by
Ripberger William R and Ripberger Sandra L
Seller's Agent
Peter G. Laughlin
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Alex Stafford
MICHAEL SAUNDERS & COMPANY
List Price
$1,248,000
Sold Price
$1,162,500
Premium/Discount to List
-$85,500
-6.85%
Total Days on Market
12
Current Estimated Value
$2,142,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$980,160
Avg. Annual Appreciation
11.18%

Purchase Details

Closed on
Jun 22, 2016
Sold by
Luthy Family Llc
Bought by
Hamilton & Sons Llc

Purchase Details

Closed on
Feb 1, 2016
Bought by
Hamilton & Sons Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ripberger William R $1,162,500 Attorney
Hamilton & Sons Llc $275,000 None Available
Hamilton & Sons Llc $378,100 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2019 09/06/19 Sold $1,162,500 -6.9% $397 / Sq Ft
08/03/2019 08/03/19 Pending -- -- --
07/22/2019 07/22/19 For Sale $1,248,000 -- $426 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,885 $839,672 -- --
2023 $11,885 $815,216 $0 $0
2022 $11,578 $791,472 $0 $0
2021 $11,639 $768,419 $0 $0
2020 $11,774 $757,810 $0 $0
2019 $15,094 $929,500 $250,700 $678,800
2018 $3,940 $255,000 $255,000 $0
2017 $3,504 $215,500 $215,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4440232

Stellar MLS

APN: 2027-15-0153